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DEPOSITS

9 Months Ended

Sep. 30, 2025

Deposits [Abstract]

DEPOSITS

DEPOSITS

The Company’s deposits are summarized below:

(dollars in thousands)			September 30, 2025						December 31, 2024
Noninterest-bearing deposits			$	1,034,181					$	1,046,405
Interest-bearing deposits:
Interest-bearing demand			1,102,815						1,099,061
Money market			883,327						820,825
Savings			562,149						566,533
Time			764,715						785,430
Total interest-bearing deposits			3,313,006						3,271,849
Total deposits			$	4,347,187					$	4,318,254

Reciprocal deposits included in interest-bearing demand deposits, money market deposits, and time deposits totaled $315.4 million and $229.4 million as of September 30, 2025 and December 31, 2024, respectively. There were no brokered deposits as of September 30, 2025 and December 31, 2024.

The aggregate amounts of time deposits in denominations of $250 thousand or more amounted to $200.1 million and $202.2 million as of September 30, 2025 and December 31, 2024, respectively. The aggregate amounts of time deposits in denominations of $100 thousand or more amounted to $443.9 million and $455.2 million as of September 30, 2025 and December 31, 2024, respectively.

The components of interest expense on deposits were as follows:

			Three Months Ended September 30,												Nine Months Ended September 30,
(dollars in thousands)			2025						2024						2025						2024
Interest-bearing demand			$	1,676					$	1,408					$	4,698					$	4,148
Money market			4,638						4,726						13,498						14,193
Savings			399						396						1,143						1,232
Time			6,282						7,702						19,430						20,744
Brokered			—						417						—						2,058
Total interest expense on deposits			$	12,995					$	14,649					$	38,769					$	42,375

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- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 405
-Topic 942
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478353/942-405-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(12))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Paragraph e
-Publisher SEC

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1406
-Publisher SEC

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X

- References

No definition available.

+ Details

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